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Paychex, Inc. Reports Third Quarter Results

1. Paychex reported a 5% increase in quarterly revenue year-over-year. 2. Total revenue for the nine months ended increased to $4.14 billion.

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$144.1303/26 08:42 AM EDTEvent Start

$151.4803/27 03:22 PM EDTLatest Updated
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FAQ

Why Bullish?

A 5% growth in revenue indicates strong performance, comparable to historical growth trends. Paychex's consistent revenue increases generally lead to positive market sentiment.

How important is it?

The reported revenue growth can significantly influence investor perception and stock price behavior. Given past trends, strong earnings reports usually yield favorable responses in the market.

Why Short Term?

Quarterly results typically lead to immediate investor reactions and affect short-term stock performance. Recent performance likely boosts investor confidence in the near term.

Related Companies

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarter ended February 28, 2025 (the "third quarter"). Results compared with the same period last year were as follows:   For the three months ended   For the nine months ended   In millions, except per share amounts February 28, 2025 February 29, 2024 Change(2) February 28, 2025 February 29, 2024 Change(2) Total revenue $ 1,509.0 $ 1,439.3 5 % $ 4,144.4 $ 3,983.

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